October Client Bulletin
In October’s newsletter, find out how a tax trap could be lurking in your paycheck. Also read about your options for what to do with your 401(k) when switching jobs.
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September Client Bulletin
As summer is winding down, the IRS wants you to be aware of common scams being encountered during the pandemic. This and more in our September newsletter.
PPP Update – Focusing on Forgiveness
Now that the deadline to submit PPP loan applications is behind us, it’s time to focus on having these loans forgiven. The SBA and Treasury recently released an FAQ covering PPP forgiveness, so we want to quickly recap what we learned and talk about how it affects you and your PPP.
August Client Bulletin
Get a head start on your tax planning by reading about four new laws to help you in 2020. Also find out whether your business should incorporate and what you can do to increase the chances that your PPP loan is forgiven.
July Client Bulletin
Remember, July 15 is now the tax filing due date because of the pandemic! It also means you may have a tax payment due on or before July 15. And if you have not yet received your federal stimulus check, this month’s newsletter tells you what you should do.
June Client Bulletin
This month’s newsletter details reasons why you should look for other sources of cash instead of tapping into your retirement funds, along with identifying potential tax surprises if you are using any of the pandemic-related relief programs.
May Client Bulletin
COVID-19 uncertainty abounds for everyone. This month’s newsletter provides a round-up of tax-related laws to help with tax planning for 2020 as we all navigate the coronavirus pandemic.
How Much of Your PPP Loan is Forgiveable?
In this article we take a look at what we know (and some of what we don’t know) about how forgiveness will be calculated. If you received PPP funding and want to make sure your spending aligns with your strategy for forgiveness, give us a call!
Extension of Deadlines for 1031 Exchanges (and Some Ambiguity)
The #IRS announced extensions for 1031 exchange ID and closing deadlines, however, some ambiguity in conflicting sections of the tax code will require further clarification on the specifics. Either way, this welcome update gives some taxpayers currently working on a 1031 exchange a bit of welcome breathing room.
April Client Bulletin
The IRS rolled out deadline extensions and new programs to help individuals and businesses navigate the COVID-19 pandemic. A recap of these announcements is included in this newsletter for your review.